Amazon Pay Later Benefits Eligibility And Registration Process

Its Amazon Pay Later facility is the fastest way to obtain credit. It’s a totally digital process that permits purchases made using EMIs through Amazon India. Learn more about the advantages as well as eligibility and registration procedure.

Critical Benefits of Amazon Pay Later

1. Instant approval or denial of credit by the lender.
2. It is not necessary to use credit card credit card
3. There is no cancellation or processing charge.
4. There are no fees for pre-closure.
5. Simple checkout using Amazon Pay Later Amazon. in
6. Simple tracking of expenditures and repayments through the EMI particular dashboard

Eligibility Criteria for Amazon Pay Later

Below are the eligibility criteria for those who wish to use this facility. Amazon Pay Later facility-

1. It is recommended to be able to establish An Amazon India account (on Amazon. in)
2. A verified mobile number
3. A PAN card
4. A bank account at Amazon India is one of Amazon India’s partner banks
5. Valid address proof – driver’s license/Aadhaar card/passport/utility bills (not older than two months)/Voter ID card
6. The minimum age for entry should be 23 years old
7. Excellent report from the Credit Bureau history
8. Any other criteria Amazon India wants to consider

Registration Process for Amazon Pay Later

1. Registration can only be completed by mobile. Be sure to have already the Amazon India app downloaded.
2. Log into Your Amazon India account.
3. Visit the Amazon Pay Later Registration page. Amazon Pay Later Registration page
4. Complete the KYC You will find any of the four methods of completing KYC.
   1. Option 1 – Have you completed KYC? (This is displayed if you have completed KYC about Amazon Pay Balance). Follow the steps below to determine if you’re shown the option 1.
      1. Validate your identity. Then, you must input the last four numbers of the PAN card that you used to complete the KYC procedure to verify your Amazon Pay Balance. Your profile will then be assessed by Amazon Post, and your Amazon Pay limit will be decided and shown on the screen.
      2. Take note of the Terms and Conditions. In addition to your Amazon Pay limit, the loan agreement will be displayed on the screen. Be sure to read the conditions and terms contained in the contract. Sign the contract for the registration. The available limit will be in effect within a few minutes after completing the registration procedure.
   2. Option 2 – eKYC via OTP
      1. Validate your identity. You must enter the PAN card number and click “Continue.” Enter the Aadhaar Number and click “Continue”. Keeping your mobile number associated with your UID card is crucial because you must enter it if OTP is a mobile number. Input the OTP. Your profile will then be assessed by Amazon Post, which will let you determine your Amazon Pay limit, which will be set and displayed in the display.
      2. Take note of the Terms and ConditionsIn addition to the Amazon Pay limit, the loan agreement will display on screen. Be sure to read the conditions and terms of the contract. You must accept the deal to complete your registration. The available limit will be in effect within a few minutes after completing the registration procedure.
   3. Option 3 – KYC for existing customers who have lending partners (shown when you’ve completed KYC with a lending partner)
      1. Validate your identity: You’ll be sent an OTP for the mobile number registered with the lending institution. You must input the final four digits from the PAN Card. After submitting the OTP, your profile will be evaluated by Amazon Post, letting your Amazon Pay limit be decided and displayed on the screen.
      2. Take note of the Terms and Conditions and the Amazon Pay limit; the loan agreement will be displayed on the screen. Be sure to read the conditions and terms contained in the contract. You must accept the deal for the registration. The available limit will become activated within minutes after you have completed the registration procedure.
   4. Option 4 – KYC that was received via CKYCR under CERSAI
      1. Check your ID. Then, you will be asked several questions on the KYC information. You will also be required to consent to the information displayed to you by CKYCR. Your profile will then be assessed through Amazon Post, and your Amazon Pay limit will be decided and displayed on the screen.
      2. Accept the conditions and terms in addition to your Amazon Pay limit; the loan contract is also displayed. You must read the states and phrases within the agreement. Sign the agreement for the registration. The available limit will be in effect within a few minutes of completing the registration.

Amazon Pay Later Availability

1. Amazon Pay Later facility is accessible on mobile phones and desktops. The registration process is exclusively via mobile.
2. The account must be “active” for using Amazon Pay Later as a payment method.
3. Amazon Pay Later cannot be used to purchase items that are part of any exchange offers.
4. If there are several items in a cart – no-cost EMI will apply only if all of the items in the cart qualify for the no-cost program.
5. Here is an overview listing available tenure options and the purchase prices.
6. Amazon Pay Later account: The Amazon Pay Later account should have enough funds to cover the purchase cost.
7. The following items are not part of Amazon Pay Later. Amazon Pay Later facility –
   1. Amazon Payment Gift Card, which includes physical gift cards as well as email gift cards.
   2. Amazon Pay balance topping up
   3. Jewelry
   4. Products that are imported from outside the country as well as Amazon Global or Overseas Merchants
   5. Bullion (Silver & Gold)
   6. Payment for bills on credit cards
8. The cost of electricity bills may be made by the customer when they are
   1. More than five transactions per month
   2. The value of transaction tion the amount iofRs. 10,000 and more